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Changing appetites for private equity among Australia's superannuation funds is said to be fuelling secondaries dealflow in the Asia-Pacifc.

3i Eurofund III raised €2.3bn in 1999 and invested into European mid-market companies, including Swiss transportation and service provider SR Technics.

The New York-based firm has already deployed 40% of Fund III's capital in 10 transactions, four of which have been with banks and financial institutions.

The Nordic-based direct secondaries firm has sold its shares in domestic appliance online retailer WhiteAway.

Last month the firm absorbed real estate-focused Clairvue Capital Partners to create StepStone Real Estate, which now intends to raise its first fund.

Hong Kong-based NewQuest has been putting Fund II to work and is expected to have deployed 50% of its capital by the end of July.

The private equity arm of the Frankfurt-based bank is targeting $1bn for its Secondary Opportunities Fund III.

The Limassol, Cyprus-based investment firm has sold its stake in 2005, 2007 and 2008 vintage EQT funds to Geneva asset manager Hermitage & Co.

The new strategy by the New Mexico Educational Retirement Board will give the $11bn pension more flexibility and exposure to compelling GPs at a discount.

The Luxembourg life assurance company has acquired stakes in two 2013 vintage funds and recently hired a head of unquoted investments.